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Duplex with Updated Interiors
New
For Sale
$349,900

47 Straight Ave SW, Grand Rapids, MI 49504

Two homes offer distinct bedroom layouts, with a bonus room in one unit.

Property SizeContact for details
Days on Market4

Property Features for 47 Straight Ave SW

General Information

Standard status Active
Property subtype Investment

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR+bonus/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $5,288

Amenities

front porches
mudroom
private back porch
shed
fenced yards
washer/dryer

Building Details

Year Built 1885
Units 2
Listing Agency: Pearse Realty, Inc.
Listed By: Scott Micklewright
Source: Elliman
Added: Oct 4 Last Checked: Oct 5 at 6:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pearse Realty, Inc.

Investment Insights

Based on property information with market context.

This duplex at 47 Straight Ave SW contains two residences: one with 3 bedrooms and 1 bathroom, and another with 2 bedrooms, a bonus room, and 1 bathroom. Updates include electrical and plumbing systems, roof, siding, flooring, kitchens, and bathrooms. Each home has a front porch; one also has a mudroom, while the other includes a rear porch. Unit 47 has a washer and dryer.

The property has concrete driveways extending toward the backyard, a storage shed, and fenced front and back yards. A playground is across the street, and Grand Valley State University, coffee shops, restaurants, and shopping are within walking distance. US-131, I-196, and John Ball Zoo are about a mile away.

Key Highlights

  • Two residences: 3 bedrooms and 1 bathroom in one; 2 bedrooms, a bonus room, and 1 bathroom in the other
  • Updates include electrical, plumbing, roof, siding, kitchens, flooring, and bathrooms
  • Front porches at both homes; one includes a mudroom and the other a rear porch

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Pharmacy Carpet & Flooring Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Dental Office Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,035
Businesses Nearby

Demographics for 49504, MI

41,249
Population
18,830
Households
2.2
Avg Household Size
33
Median Age
39%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
3,716
Density / Sq Mi
$68,326
Median Household Income
$41,138
Median Earnings
$1,145
Median Rent
$222,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two homes offer distinct bedroom layouts, with a bonus room in one unit.
Where is this duplex located?
The property is located at 47 Straight Ave SW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two residences: 3 bedrooms and 1 bathroom in one; 2 bedrooms, a bonus room, and 1 bathroom in the other; Updates include electrical, plumbing, roof, siding, kitchens, flooring, and bathrooms; Front porches at both homes; one includes a mudroom and the other a rear porch
More about this property
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